How to buy MCOIN (MCOIN) coins on Gate.io?

To purchase MCOIN on Gate.io, users must create an account, verify their identity, fund it with supported crypto, search for the MCOIN/USDT trading pair, check market depth, and place a buy order.

Jan 06, 2025 at 05:19 pm

Key Points:

• Create a Gate.io account.
• Verify your identity.
• Fund your account with a supported cryptocurrency.
• Search for the MCOIN trading pair.
• Check the market depth and place a buy order.
• Monitor your order and adjust it as needed.
• Store your MCOIN coins securely.

Detailed Guide:

1. Create a Gate.io Account

• Visit the Gate.io website and click on "Sign Up" at the top-right corner.
• Enter your email address, create a password, and enter the referral code (if you have one).
• Click on "Create Account" and check your email for a confirmation link.
• Click on the link to activate your account.

2. Verify Your Identity

• To fully access Gate.io's services, you need to verify your identity.
• Click on "My Account" and then "Identity Verification."
• Follow the instructions to upload your identity documents.
• Gate.io usually processes verification within 24 hours.

3. Fund Your Account

• Once your account is verified, you can fund it with a supported cryptocurrency.
• Go to "Deposit" in the top-right corner and select the cryptocurrency you want to deposit.
• Follow the instructions to provide the necessary details and send the funds to the specified address.

4. Search for the MCOIN Trading Pair

• Click on "Trade" in the top menu and then "Spot Trading."
• In the search bar, look for "MCOIN."
• Select the trading pair you want, such as "MCOIN/USDT" or "MCOIN/ETH."

5. Check the Market Depth and Place a Buy Order

• On the trading page, check the market depth to assess the spread between the bid and ask prices.
• Decide how much MCOIN you want to buy and enter the amount in the "Amount" field.
• Select an order type (limit order, market order, stop-limit order).
• Click on "Buy MCOIN" to place the order.

6. Monitor Your Order and Adjust It as Needed

• Your order will be displayed in the "Active Orders" section.
• You can monitor its status and adjust it as needed.
• For example, you can cancel the order, adjust the price, or add more funds.

7. Store Your MCOIN Coins Securely

• Once your order is filled, your MCOIN coins will be credited to your Gate.io account.
• Withdraw them to a secure wallet to protect them from unauthorized access.

FAQs:

• What is MCOIN (MCOIN)?

  • MCOIN (MCOIN) is the native cryptocurrency of the MediChain platform, a healthcare data exchange and blockchain ecosystem.

• What is the purpose of the Gate.io exchange?

  • Gate.io is a cryptocurrency exchange that allows users to trade a wide variety of digital assets, including MCOIN.

• How do I find the MCOIN/USDT trading pair on Gate.io?

  • Go to "Trade" in the top menu and then "Spot Trading." In the search bar, look for "MCOIN" and select the "MCOIN/USDT" trading pair.

• What are the different order types available on Gate.io?

  • Gate.io offers several order types, including limit orders, market orders, and stop-limit orders.

• What is the minimum amount of MCOIN I can buy on Gate.io?

  • The minimum amount of MCOIN you can buy on Gate.io depends on the market conditions and the specific trading pair you choose.